24 Lights Street Emerald Beach NSW 2456
24 Lights Street Emerald Beach NSW 2456
Three-bedroom coastal house | $861k estimate | 581sqm lot | Bushfire zone
This three-bedroom home on a 581-square-metre block suits families and investors seeking established coastal living within commuting distance of Coffs Harbour schools and amenities.
The property presents as a mid-range offering within Emerald Beach’s residential market, positioned between entry-level coastal purchases and premium waterfront holdings. Built to modest proportions with 229 square metres of floor space across a 39 percent building footprint, the home preserves substantial land value and potential for future development or reconfigurationa characteristic increasingly prized as coastal blocks tighten. The Hamptons-influenced styling and recent renovation work indicate owner-occupiers prioritizing lifestyle appeal over pure investment yield, though the estimated rental income of $745 weekly suggests reasonable returns for those considering short-term leasing.
The bushfire overlay designation is a material factor in valuations across this postcode, affecting insurance costs and future lending terms despite the property’s relatively low ground elevation of nine metres. Recent comparable sales on Lights Street show considerable spread, ranging from $534,000 to $900,000 depending on land size and configuration, placing this property in the middle-to-upper segment. The last recorded sale occurred in 2000, indicating extended owner tenurecommon in established suburbs where properties remain with families rather than cycling through the market. For buyers seeking proximity to established schooling and established neighbourhood character without premium pricing, the property’s positioning reflects realistic value aligned with similar three-bedroom holdings across the Coffs Harbour region.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Lights Street Emerald Beach NSW 2456
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
Emerald Beach is a small coastal suburb near Coffs Harbour with strong lifestyle appeal and limited supply. Demand is driven by retirees and lifestyle migrants. The suburb offers a village feel with natural amenity. Market depth is limited but improving. Transaction volumes are low. Growth is strong but can be uneven.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
575.4m²
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